{"id":299,"date":"2022-10-19T16:11:42","date_gmt":"2022-10-19T16:11:42","guid":{"rendered":"http:\/\/live-script.xyz\/biggest-movers-xmr-moves-to-10-day-high-aave-remains-near-5-week-peak\/"},"modified":"2022-10-19T16:11:42","modified_gmt":"2022-10-19T16:11:42","slug":"biggest-movers-xmr-moves-to-10-day-high-aave-remains-near-5-week-peak","status":"publish","type":"post","link":"https:\/\/live-script.xyz\/biggest-movers-xmr-moves-to-10-day-high-aave-remains-near-5-week-peak\/","title":{"rendered":"Biggest Movers: XMR Moves to 10-Day High, AAVE Remains Near 5-Week Peak"},"content":{"rendered":"

Monero raced to its highest point in ten days, as the token moved past a key resistance level on Wednesday. Today\u2019s move sees the token rise higher for a fourth consecutive day, following a rebound from its long-term floor. Aave was also in the green, as it remained close to a five-week peak.<\/strong><\/p>\n

Monero (XMR<\/a>)<\/h2>\n

Despite cryptocurrency markets mostly trading lower on Wednesday, monero (XMR<\/a>) was one of the exceptions, as it extended recent gains.<\/p>\n

XMR<\/a>\/USD surged to an intraday peak of $148.46 earlier in today\u2019s session, which comes less than 24 hours after it was trading at a low of $145.41.<\/p>\n

Today\u2019s move sees monero in the green for the fourth straight session, resulting in prices hitting their highest point since October 9.<\/p>\n

Looking at the chart, hump day\u2019s peak came following a breakout of a key resistance point of $147.00.<\/p>\n

Another key observation can be seen from the 14-day relative strength index (RSI), which also moved past a ceiling of its own, at 52.75.<\/p>\n

As of writing, the index is tracking at 53.88, which is its highest point since September 12.<\/p>\n

Aave (AAVE)<\/h2>\n

Aave (AAVE) continued to trade near a multi-week high in today\u2019s session, as the token remained near its recent ceiling.<\/p>\n

Following a move to a five-week high of $83.33 on Tuesday, AAVE\/USD hit a peak of $83.19 earlier today.<\/p>\n

Yesterday\u2019s high saw the token marginally break out of a resistance level of $83.30, with bulls attempting to stay close to this point today.<\/p>\n

Bullish sentiment remains high, as the 10-day (red), and 25-day (blue) moving averages look set for an upwards crossover.<\/p>\n

Should this happen, the current ceiling of $83.30 will likely be broken, with bulls potentially targeting the $90.00 level.<\/p>\n

The RSI is currently tracking at 60.33, which is its strongest point since mid-August, and this could give an entrance for bears hoping to push the overbought market lower.<\/p>\n

Register your email here to get weekly price analysis updates sent to your inbox:<\/em><\/p>\n

Could aave reach $90.00 before the month ends? Let us know your thoughts in the comments.<\/strong><\/em><\/p>","protected":false},"excerpt":{"rendered":"

Monero raced to its highest point in ten days, as the token moved past a key resistance level on Wednesday. Today\u2019s move sees the token rise higher for a fourth consecutive day, following a rebound from its long-term floor. Aave was also in the green, as it remained close to a five-week peak. Monero (XMR) […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"yoast_head":"\nBiggest Movers: XMR Moves to 10-Day High, AAVE Remains Near 5-Week Peak - Latest Cryptocurrency & blockchain News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/live-script.xyz\/biggest-movers-xmr-moves-to-10-day-high-aave-remains-near-5-week-peak\/\" \/>\n<meta property=\"og:locale\" content=\"ko_KR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Biggest Movers: XMR Moves to 10-Day High, AAVE Remains Near 5-Week Peak - Latest Cryptocurrency & blockchain News\" \/>\n<meta property=\"og:description\" content=\"Monero raced to its highest point in ten days, as the token moved past a key resistance level on Wednesday. Today\u2019s move sees the token rise higher for a fourth consecutive day, following a rebound from its long-term floor. Aave was also in the green, as it remained close to a five-week peak. 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